Visa International Service Association / Plaid Inc. merger inquiry

The CMA investigated and cleared the anticipated acquisition by Visa International Service Association of Plaid Inc.

From:
Competition and Markets Authority
Published
16 June 2020
Last updated
5 October 2020 — See all updates
Case type:
Mergers
Case state:
Closed
Market sector:
Financial services
Outcome:
Mergers - phase 1 clearance
Opened:
16 June 2020
Closed:
5 October 2020

Statutory timetable

Phase 1 Action
5 October 2020 Decision published
24 August 2020 Decision announced
29 June 2020 Launch of merger inquiry
16 June to 10 July 2020 Invitation to comment

Phase 1

CMA clearance decision

24 August 2020: The CMA has cleared the anticipated acquisition by Visa International Service Association of Plaid Inc.

Launch of merger inquiry

29 June 2020: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: now closed

16 June 2020: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Contact

Please send written representations about any competition or public interest to [email protected].

Updates to this page

Published 16 June 2020
Last updated 5 October 2020 + show all updates

  1. Full text of the clearance decision published.

  2. The CMA has cleared the anticipated acquisition by Visa International Service Association of Plaid Inc. Summary of the phase 1 decision published.

  3. Start of the phase 1 merger inquiry and commencement notice published.

  4. First published.

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